Bitcoin is back on the rise, with the rest of the market a mix of red and green.
Right now, the leading cryptocurrency is up 3.96% at $10,364 according to COIN360 at time of publishing.
Ethereum is up 1.18% at $216.36, XRP is down 0.39% at $0.3155 and Litecoin is up 0.94% at $97.40.
FXStreet analyst John Isige expects Bitcoin to trade sideways in the short term, with BTC carving out support at $10,029.
“The confluence detector shows an asset that has immense support. This means that any downward movement would be met by greater buying pressure as bulls seek to buy at lower levels.
Apart from the above support, traders need to be on the lookout for areas such as $9,998, $9,935, $9,841, $9,810 as well as $9,747.”
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